Understand the range of finance options available to a business (C)
Describe the difference between short term finance and long term finance (D)
==Be able to advise a business which kind of finance options suit their needs (B/A)
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Research business bank accounts - what advice would you offer to a small business regarding their banking when starting up
==
Starter (5 mins)
FAIL
==In your book......Write YOUR Definition of Finance
Key Words (10 Mins)==
==Add these to your keywords spreadsheet/write in your book
Task (15 mins)== Take the coloured sources of finance and split them into a table showing short term and long term finance
Question (12 marks) 25 mins
Fred & Sally are both dentists. They are looking to form a partnership and open an NHS dentist in town. They will need to raise a significant sum to do this. Discuss the most suitable sources of finance they could use to fund their partnership.
Bus prac 1.7
Obtaining Finance
Lesson 1 Lesson 2 Lesson 3 Lesson 4 Lesson 5 Lesson 6 Lesson 7 End of Unit Test
Lesson Objectives
Understand the range of finance options available to a business (C)Describe the difference between short term finance and long term finance (D)
==Be able to advise a business which kind of finance options suit their needs (B/A)
==
Starter (5 mins)
FAIL
==In your book......Write YOUR Definition of Finance
Key Words (10 Mins)==
==Add these to your keywords spreadsheet/write in your book
Task (15 mins)==
Take the coloured sources of finance and split them into a table showing short term and long term finance
Question (12 marks) 25 mins
Fred & Sally are both dentists. They are looking to form a partnership and open an NHS dentist in town. They will need to raise a significant sum to do this. Discuss the most suitable sources of finance they could use to fund their partnership.Plenary (5 mins)
SAIL
Write a revised definition of finance....